As job losses continue to mount it is only natural that government programs continue to suffer from diminishing funds since unemployed people don’t pay social security or medicare taxes but don’t fret because there is a solution.
Several proposals include raising social security taxes from 12% to 14% or cutting benefits by 13% which puts a burden on someone no matter which way you look at it.    The social security trust fund is now suppose to go bankrupt in 2037 instead of 2041 but if things keep going the way they’re going don’t be surprised to see revisions to 2032 then 2028 then 2020.
Hell social security will be paying more than it takes in by 2016 and that’s only a few years away!
You can read the whole depressing article here.